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Young Baek, Ph.D.

Young Baek
Professor of Finance
hybaek@nova.edu

Education:

  • PHD - University South Carolina-Columbia - Business Administration
  • MIBA - University South Carolina-Columbia - International Finance
  • BBA - Yonsei University, Seoul, Korea - Finance

Dr. H. Young Baek joined Huizenga College in 2001 after two years of service at the University of Texas-Pan American (currently the UT-Rio Grande Valley) and is now a Professor of Finance.

Dr. Baek graduated from Yonsei University with a Bachelor's of Business Administration, cum laude in Seoul, and received a full scholarship to complete his Master's in International Business Studies at the University of South Carolina (USC).

After serving the ROK Army as a General's Aide in the Tiger Division, Dr. Baek received his Ph.D. in International Finance from USC in 1999. He currently teaches courses in Corporate Finance and International Finance and conducts scholarly research in International Corporate Finance including agency theory, corporate governance and management compensation, foreign exchange, foreign direct investment, etc.

Dr. Baek has published in the leading academic journals including Applied Economics Letters, Asia-Pacific Journal of Economics and Business, Atlantic Economic Journal, Emerging Markets Finance and Trade, Global Economic Review, International Journal of Accounting and Information Management, International Review of Economics and Finance, Journal of International Business Studies, Journal of Multinational Financial Management, Latin American Business Review, Multinational Business Review, and Quarterly Journal of Business and Economics.

Baek won the Promising Paper Award from Kauffmann Foundation in 2014, the Best Paper Award from the 2008 Institute of Behavioral and Applied Management Conference, and the Best Paper in Corporate Finance Award from the Midwest Finance Association (MWFA) in 2002. He has presented research papers at national and international conferences such as the Academy of International Business (AIB), American Marketing Association (AMA), Eastern Finance Association (EFA), Financial Management Association (FMA), MWFA, Southern Finance Association (SFA), and Southwestern Finance Association (SWFA).

Dr. Baek also serves as an editorial board member for the Journal of Marketing Thought, and is an ad hoc reviewer for Applied Economics, China Economic Review, Financial Review, International Journal of Accounting and Information Management, International Journal of Conflict Management, Journal of Accounting & Finance Research, Journal of International Business Studies, Journal of Multinational Financial Management, Journal of Risk and Finance, Multinational Business Review, and Review of Financial Economics, and is a program reviewer for EFA, MFA, SFA, and SWFA.

He was awarded the President's Faculty Research and Development Grant at NSU, in addition to a Faculty Research Grant, Faculty Development Grant, and a Title III Mini-Grant at UTPA, and a NAFSA (Association of International Educators) Grant at USC.

Dr. Baek is a Florida Real Estate Broker and a Certified Financial Planner and has consults with large multinational corporations in the construction and energy sectors.

FIN 5008 Business Finance
FIN 5570 Advanced Corporate Finance

Not all professional advice is equal: Racial differences in loan approvals and professional advice, 88th International Atlantic Economic Conference, 2019, Miami, FL

Does Improved Governance Lead to a Higher Share of FDI in Foreign Equity Investments?, Conference on Asia-Pacific Financial Markets (CAFM), 2018, Seoul, Korea

Overconfident Entrepreneurs, Global Finance Conference, 2017, Seoul, Korea

Signaling in Fixed Rate P2P Lending, Global Finance Conference, 2017, Seoul, Korea

Family Firm Succession, Korea Entrepreneurship Society Spring Conference, 2017, Seoul, Korea

Overconfident Entrepreneurs: A Study of Kauffman Firm Survey, US Association of Small Business and Entrepreneurship (USASBE) 2017, Seoul, Korea

Soft Information in Peer-to-Peer (P2P) Lending Markets, 3rd International Conference on Social Sciences, Business, Technology and Management 2016, Seoul, Korea

Financial Planning and Retirement Savings, Academy of Financial Services 2016 Annual Meeting 2016, Seoul, Korea

Family Firm Succession and Performance, International Academy of Business and Economics 2016,

Effects of Comprehensive Financial Planning on the Client's Attitude, Capability, Satisfaction, Expenditures and Investments, International Federation of Home Economics 2016 Meetings 2016,

Exporting among Young Startup Firms and its Effects on Productive Efficiency, Public Choice Society 2016 Meetings 2016,

Overconfidence and Competitive Advantage, Western Economics Association Meetings 2016,

Motives for Asset Revaluation: An Empirical Analysis with South Korean Data, International Conference on Business and Information 2015,

International Involvement and Production Efficiency among Startup Firms, Academy of International Business Southeast 2014,

Production Efficiency and Internationalization: An Examination of Start-up Firms of Kauffman Database, Academy of International Business-US Southeast Annual Conference 2014,

Family Ownership, Top Executive Compensation and Dividend Income: A Small-Cap Evidence, International Academy of Business and Economics Conference 2014,

Effect of Family Ownership and Management on CEO Compensation and Dividend Policy in Small-Cap Firms, International Finance and Banking Conference 2014, Bucharest, Romania

Corporate Multinational Flexibility Option and Bankruptcy Resolution, Financial Management Association Annual Meeting 2013, Bucharest, Romania

Hyungkee Baek, David Cho, Robert Jordan, & Emre Kuvvet (2020). The Differential Effect of Social Disclosure on Loan Funding and Loan Repayment: Evidence from Fixed-Rate Peer-to-Peer Lending. Managerial Finance (), pp. .

Hyungkee Baek & David Cho (2020). Are there Racial Differences in Loan Approvals?. Applied Economics Letters (), pp. .

Florence Neymotin & Hyungkee Baek (2019). Gender and Overconfidence in the Kauffman Firm Survey. Studies in Business and Economics (), pp. .

Hyungkee Baek & Florence Neymotin (2019). Overconfident Entrepreneurs: Innovating More and Paying the Piper. Economics Bulletin 39(2), pp. 1144-1153.

Hyungkee Baek, Pankaj Maskara, & Laura Miller (2019). Does improved governance lead to a higher share of FDI in foreign equity investments?. Asia-Pacific Journal of Financial Studies 48(4), pp. 561-586.

Hyungkee Baek & Florence Neymotin (2018). Entrepreneurial Overconfidence and Firm Survival: An Analysis Using the Kauffman Firm Survey. Applied Economics Letters 25(16), pp. 1175-1178.

Hyungkee Baek & David Cho (2017). Family firm succession and performance. Applied Economics Letters 24(2), pp. 117-121.

Hyungkee Baek & Florence Neymotin (2016). International Involvement and Production Efficiency among Startup Firms. Global Economic Review 45(1), pp. 42-62.

Hyungkee Baek & D Lee (2016). Motives for and Effects of Asset Revaluation: An Examination of South Korean Data. Emerging Markets Finance and Trade 52(12), pp. 2807-2816.

Hyungkee Baek & Neymotin Florence (2016). Young Startup Firm Exports and Productive Efficiency. Applied Economics Letters 23(15), pp. 1088-1092.

Hyungkee Baek, David Cho, & Philip Fazio (2016). Family Ownership, Control and Corporate Capital Structure: An Examination of Small Capitalization Public Firms. Journal of Family Business Management 6(2), pp. 169-185.

Hyungkee Baek & Philip Fazio (2015). The effect of family ownership and control on equity-based compensation: Evidence from S&P SmallCap firms. Journal of Family Business Management 5(1), pp. 55-72.

Hyungkee Baek, B Kim, & M Rhee (2014). Effects of Marketing Activities on Financial Performance: An Empirical Analysis. Journal of Marketing Thoughts 1(2), pp. 69-79.

Pankaj Maskara, Philip Fazio, & Hyungkee Baek (2014). Effect of family ownership and management on CEO compensation and dividend policy in small-cap firms. Journal of International Finance Studies 14(3), pp. 21-40.

Hyungkee Baek & D Kim (2013). Corporate Multinational Flexibility Option and Bankruptcy Resolution. International Review of Management and Business Research 2(4), pp. 937-950.

Hyungkee Baek, David Cho, & D Kim (2012). Multinational Real Options and Hysteresis: An Examination of FDIs in Manufacturing, and Hard- and Soft-Service Industries. Emerging Markets Finance & Trade 48(1), pp. 5-17.

Hyungkee Baek & J Holshouser (2010). Internationalization of U.S. REITs. Journal of International Business Research 9(1), pp. 1-13.

Hyungkee Baek, L Huang, & S Min (2010). Key Drivers to Developing Guanxi in China for Taiwanese Small to Medium Sized Firms. International Business Research 3(1), pp. 136-146.

Hyungkee Baek, Darlene Johnson, & Joung Kim (2009). Managerial Ownership, Corporate Governance, and Voluntary Disclosure. Journal of Business & Economic Studies 15(2), pp. 44-61.

Hyungkee Baek, D Kim, & Joung Kim (2008). Management Earnings Forecasts and Adverse Selection Cost: Good vs Bad News Forecast. International Journal of Accounting and Information Management 16(1), pp. 62-73.

Hyungkee Baek, Zahid Iqbal, & Sewon O (2006). Are Female Executives More Risk Averse than Male Executives? : Evidence from Personal Portfolio Adjustment in Response to Stock Option Awards,. Atlantic Economic Journal 34(1), pp. 63-74.

Hyungkee Baek & Alex Ng (2006). Canadian Corporate Governance and Merger and Acquisition Performance. Journal of International Business and Economics 6(1), pp. 142-151.

Hyungkee Baek & J Pagan (2006). Equity-Based Compensation, CEO Ownership and Corporate Performance: A Quantile Regression Approach. International Research Journal of Finance and Economics .(5), pp. 78-94.

Hyungkee Baek, S Min, & S Ryu (2006). The Effects of Agency Problems on the Stability of the International Joint Venture. Multinational Business Review 14(3), pp. 53-70.

Hyungkee Baek, D Kim, & C Kwok (2005). Managerial Incentives to Diversify and Shareholder Monitoring: Evidence from International Acquisitions. Multinational Business Review 13(3), pp. 87-105.

Hyungkee Baek (2004). Corporate Diversification and Performance: Evidence on Production Efficiency:. Journal of Multinational Financial Management 14(2), pp. 135-152.

Hyungkee Baek & L Huang (2004). Taiwanese Investments in China: Foreign Direct Investment Scale and Performance. Asia-Pacific Journal of Economics and Business 8(2), pp. 42-64.

Hyungkee Baek (2003). Agency Conflicts and the Corporate Choice of Foreign Entry Mode. Multinational Business Review 11(2), pp. 75-97.

Hyungkee Baek & M Santiago-Castro (2003). Board Composition and Firm Performance in Latin America: An Exploratory View. Latin American Business Review 4(2), pp. 1-19.

Hyungkee Baek & J Pagan (2002). Executive Compensation and Corporate Production Efficiency: A Stochastic Frontier Approach. Quarterly Journal of Business and Economics 41(1&2), pp. 27-41.

Hyungkee Baek & C Kwok (2002). Foreign Exchange Rates and the Corporate Choice of Foreign Entry Mode.. International Review of Economics and Finance 11(2), pp. 207-227.

Hyungkee Baek & J Kim (2002). Incentive-Based Compensation and Economic Value Added. Journal of Accounting and Finance Research 10(1), pp. 1-10.

Hyungkee Baek & S Ghaddar (2001). Stock Market Development and Economic Growth: A Stochastic Frontier Approach. Journal of Accounting and Finance Research 9(5), pp. 81-90.

Hyungkee Baek, D Reeb, & C Kwok (1998). Systematic Risk of the Multinational Corporation.. Journal of International Business Studies 29(2), pp. 263-279.

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